Keybot the Quant remains long as the bull party continues. Chips turn bullish providing more upside fuel for the stock market. The bulls are in control with the algo number 23 points above the signal line.
Bears need SPX below 6589 (it is teetering; this target level jumps higher because a new month begins today), SOX below 7720 and/or NYA below 21745. For now, they are bullish drinking the Trumpski vodka that says the Iran War is ending. Bears likely need 2 of the 3 to turn bearish to resume the downward slide in stocks.
Bulls need stronger banks and copper to create more upside. Of course, they need the three parameters above to remain bullish and XLF 50.45 and/or CPER 34.65 will create lots more upside fuel for equities.
SPX is walking on the 6589 canyon edge right now at 6601. CPER (copper) is in the neighborhood of turning bullish if it receives a push. There are lots of moving parts right now but SPX, SOX, NYA, XLF and CPER will dictate the trail forward. The bunny trail chasing rabbits. Looking for the White Rabbit with Gracie. Go ask Alice.
4/5/26;
7:00 PM EST =
4/3/26;
9:00 AM EST =
4/1/26;
11:12 AM EST = +6; signal line is -17
4/1/26;
9:36 AM EST = -8; signal line is -17
3/31/26;
7:00 PM EST EOM EOQ1 = -10; signal line is -17
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